#Latest news with #FrenchUnitBloomberg28-05-2025BusinessBloombergExxon Enters Exclusive Talks to Sell Most of Its French BusinessExxon Mobil Corp. entered exclusive talks to sell its entire 82.89% stake in French unit Esso SAF to North Atlantic France SAS. If completed, the deal would accelerate Exxon's pullback from France, after the company announced last year that it would shut down part of its petrochemical operations in the country. The moves highlight the challenges faced by Europe to keep energy-intensive industries running amid regulations to curb greenhouse gas emissions and international competition.
Bloomberg28-05-2025BusinessBloombergExxon Enters Exclusive Talks to Sell Most of Its French BusinessExxon Mobil Corp. entered exclusive talks to sell its entire 82.89% stake in French unit Esso SAF to North Atlantic France SAS. If completed, the deal would accelerate Exxon's pullback from France, after the company announced last year that it would shut down part of its petrochemical operations in the country. The moves highlight the challenges faced by Europe to keep energy-intensive industries running amid regulations to curb greenhouse gas emissions and international competition.
28-05-2025
